St. Paul Fire & Marine Insurance Company v. Willis Britt, as Conservator of the Estate of Michael D. Britt

Summary

The court reversed the summary judgment for the insured and remanded for entry of judgment for the insurer. It held that the policy's mysterious-disappearance exclusion was unambiguous and applied because no evidence supported a logical explanation for the sailboat's disappearance, and that the exclusion did not conflict with the policy's 30-day lost-boat coverage provision. The court therefore rejected the breach-of-contract and bad-faith claims.